Archive for January, 2010

Do My Books are proud to announce that we are now authorised resellers, installers and trainers on Big Red Book Accounts and Payroll Software. Big Red Books easy to use interface has seen seen it grow to having over 14,000 users in Ireland. If your looking for accounting software in Galway, Mayo or Clare please […]

As A PAYE there is limited opportunities to reduce your tax bill but one thing you may be able to do is claim flat rate expenses based on your employment category. The list below is the most up to date on Revenue.ie List of expenses from Revenue.ie If you require any further information please do […]

This is a common issue for entrepreneurs, Should they operate as a sole trader or limited company. From a purely tax point of view if your company profit is larger than you need to live on a Ltd company is the likely to be the most tax efficient option. The savings would work as follows, Profit for yr €1.2MDrawings […]

Good news for small businesses in Ireland. The dept of justice has made a press release annoucing small businesses can under certain circumstances use the small claims court. Prior to this development the legal costs in suing an individual were large and only relevant when the amount was large, this welcome development allows for recourse with smaller […]

Almost every business owner I speak to at the moment is having issues with their cash flow and unfortunately more business’s will fail in 2010. You can have thousands of great customers and make huge profits but without cash flowing through the busines it will fail. Despite what the advertisements say Banks are still declining lots of loan/ overdraft applications […]